India Inc asks for sops, lower rates after IIP growth falls
With industrial output growth slowing down in December, India Inc on Thursday pitched for incentives in the Budget to revive investments while reiterating its call for lower interest rates.
Feb 12, 2015, 21:44 PM ISTSensex rises 151 points ahead of IIP, inflation data
Brokers said fresh positions created by participants ahead of key economic data -- industrial production (IIP) numbers for December and retail inflation for January -- to be released later in the day, contributed to the rise.
Feb 12, 2015, 10:08 AM ISTNifty slips 24 points on profit-taking; downplays robust IIP data
Equities succumbed to fresh bout of profit-booking after a breathtaking three-day rally and the Nifty fell below the key 8,300-mark amid concerns over global growth and continuous slide in crude prices.
Jan 13, 2015, 23:04 PM ISTSensex up 85 pts in trade on encouraging IIP data
The 30-share barometer moved up by 84.92 points, or 0.30 percent, to 27,670.19 with FMCG, healthcare, banking, capital goods, power and metal sector stocks leading the rally.
Jan 13, 2015, 10:09 AM ISTSensex down 125 points ahead of inflation, IIP data
The 30-share index was trading down by 125.30 points, or 0.45 percent, at 27,333.08 with stocks of metal, oil & gas, PSU, auto and banking sectors leading the fall.
Jan 12, 2015, 10:11 AM ISTManufacturing still a challenge; entry into sector should be eased: Arun Jaitley
Finance Minister Arun Jaitley on Monday asserted that manufacturing, one of the major backbone of the Indian economy, still remains a challenge and that entry into the sector should be made easier.
Dec 29, 2014, 10:11 AM ISTSensex recovers 64 points ahead of inflation, IIP data
The benchmark BSE Sensex on Friday recovered over 64 points in early trade as participants indulged in fresh buying ahead of the retail inflation and IIP data due later in the day.
Dec 12, 2014, 10:15 AM ISTCore sector growth jumps to 4-month high of 6.3% in Oct
The growth rate of eight of core industries rose to four-month high of 6.3 percent in October on the back of better output in coal, refinery products and electricity, a positive news ahead of the RBI's monetary policy review Tuesday.
Dec 01, 2014, 20:47 PM ISTCore sector growth rises to 6.3% in October
Growth of eight core industries rose to 6.3 percent in October on the back of a strong production of coal, crude oil and petroleum products putting the cumulative growth during April-October, 2014-15 at 4.3 percent.
Dec 01, 2014, 18:04 PM ISTManufacturing growth may moderate in Dec quarter: FICCI
Showing signs of recovery, industrial production grew at a three-month high of 2.5 percent in September on account of better mining and manufacturing output.
Nov 23, 2014, 17:03 PM ISTNifty settles at record closing high ahead of inflation and IIP data
The 50-share Nifty continued its record-setting run for the second straight session and ended up by 18.40 points, or 0.22 percent, at all time high of 8,362.65.
Nov 11, 2014, 17:16 PM ISTAugust IIP data not worrisome: Sitharaman
"There are definite signs of improvement. The automobile and some core sectors are doing well," the minister said.
Oct 11, 2014, 16:02 PM ISTStock markets to track IIP data, Infosys earnings this week
Trend in investment by overseas investors and the movement of rupee against the dollar will also be closely tracked by the investors.
Oct 05, 2014, 11:52 AM ISTDip in IIP shows recovery is still uneven: Rajan
Reserve Bank Governor Raghuram Rajan said the latest weak IIP data only underlines the fact that the economy needs a pick up in investment growth and that the recovery is still uneven.
Sep 15, 2014, 15:07 PM ISTGDP to be at two-year high of 5.6%: Deutsche
Ahead of the official release of the first quarter GDP readings later this week, German brokerage Deutsche Bank Markets Research has pegged the final print at an eight quarters high of 5.6 percent saying a cyclical recovery has begun.
Aug 24, 2014, 15:06 PM ISTSubdued IIP growth, rise in retail inflation worry India Inc
India Inc on Tuesday expressed concern over the uptick in retail inflation and soft industrial growth data, while emphasising the need for some bold measures with a renewed thrust on manufacturing to instill confidence among investors and script a turnaround in the economy.
Aug 12, 2014, 21:28 PM ISTIndustrial output growth slows to 3.4% in June; inflation worrisome
Industrial output slowed down in June to 3.4 percent while retail inflation inched up marginally in July.
Aug 12, 2014, 19:03 PM ISTIndustrial output data at 3.7% in June
The government has also revised the May IIP numbers to 5 percent from the erstwhile estimate of 4.7 percent.
Aug 12, 2014, 17:36 PM ISTIIP signals economy on revival path, Budget to help: India Inc
India Inc Friday said the sharp rise in industrial output in May is a sign the economy is on the road to recovery and expects the rebound to sustain on the back of policy measures unveiled in the maiden budget of the Narendra Modi-led government.
Jul 11, 2014, 22:16 PM ISTIndustrial output soars to 19-month high of 4.7% in May
Showing signs of recovery, industrial production grew at 19-month high of 4.7 percent in May due to improved performance of manufacturing, mining and power sectors and higher output of capital goods.
Jul 11, 2014, 18:15 PM IST